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Politics : Formerly About Advanced Micro Devices

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To: Jack L. Dlugach who wrote (508)6/27/1996 5:16:00 PM
From: charles moore   of 1586151
 
Jack:
Dont lok at it that way. Let all these people convince
themselves and others to sell or especially "short" AMD so
those that are interested can get it cheaper.

I installed my TC2000 and brougt up AMD and other stocks I
own and seeing them all on a graph found some interesting info
that presents itself. I felt I was overloaded in GLX and Nae and
was going to sell some and use the proceeds to buy more AMD at
these prices.

According to the graphs what Worden calls BOP and Income
Stream there is steady buying in both NAE and GLX. Both have been
resisting going down in this market in price and GLX was up 1/2
today. Doesnt look like Ill sell for a little bit at least here and
so no more purchases of AMD right now.

There is no strong buying in AMD like the above but there is
buying in AMD and what is interesting is there are selling dips but
very small spikes and they look to be exactly the same distance
apart.I havent measured the distance so I dont know how exactly
periodical this is. I am not a technician and though there are other
ways to plot I dont know them. BOP and MS graphs jump right out at you
and it is pretty obvious on the buying and selling.
Charles
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